What do you make of the following scenario?

[Calatrava r]

Originally Posted by TudorDXB

Card washing is one of the biggest issues here in Dubai. Basically, some of the secondary dealers wash the card, write a new date, polish the watch and then sell it as new with fresh card. It requires a real trained eye to spot / catch it.

Wow. Good information to know. Buyer beware.

[KatGirl]

Originally Posted by doubler

as some of you suggested, this is in fact a 2021 watch, if the price will reflect it, i'll be ok with doing the deal, but paying 2023 price on a 2021 watch that i wont do. the thing is, i dont understand is this case, where the AD signs a watch in a specific time (e.g. Dec2021) which starts the warranty meter, and allows the card to be written as 2023, and i have to say i dont think it's a matter of a fake card or watch, i do believe that the person who bought it, and knew well enough the needed people within that AD, also was able to get a different date signed on the card, same goes for examples i read about, where people can get a completely open card, with no date on it, but if the AD signs it, it'll get out eventually, so what's the point? these people work on their reputation, such a thing going online can destroy them...

You haven’t named the seller, or the AD, so no one’s reputation is being affected. We don’t know how this occurred. We are only making educated guesses. One thing I do know is that I would not buy this watch. Look for another.

Kat


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[Timekeep111]

Originally Posted by KatGirl

You haven’t named the seller, or the AD, so no one’s reputation is being affected. We don’t know how this occurred. We are only making educated guesses. One thing I do know is that I would not buy this watch. Look for another.

Kat


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I couldn’t agree more.

[piratfisk]

Anything that calls the integrity of the seller or the product into question gives me cause to pause. In this instance, I feel like I may be too spooked to move forward with the sale. There are many other watches out there without "asterisks."

[doubler]

what i was told is this - we are in a time where such models don't just come to an AD (i suppose not all AD's necessary work this way, but it does make sense that some are) when a Daytona is suppose to come to an AD, it should already have a name attached to it (AD's should have a very long waiting lists on these so it shouldn't be a problem) and when AD's gives this name, the warranty meter starts with Rolex. when the AD's get's the watch, they don't really have to give it to the name they gave Rolex (who started the meter from their perspective) and it's not like Rolex is double checking if the name that was given indeed end up closing the deal. so the AD has the watch, keeps it for a while, waiting to have to right person which means one they can do a deal with not at MSRP but in 'gray/market' value, and when it leaves the AD (in 'my' case a year+ later), the card gets its date. Remember, this is a shady operation, everyone involved should be very careful when doing this, so it might be slow, but there is big money involved, surly with scale, so to me it makes sense this is one of the MO's to generate the reality we see w.r.t these Rolex models, where AD's are responsible (and Rolex benefits and therefor not really fighting this) and 1st in line to earn from the gap between MSRP and market value, as they are in fact responsible for distributing the watches they get and thus can do what they want.

[brandrea]

Who’s the seller?

[NachoNeal]

Even setting aside the possibility of outright fraud, I wouldn't proceed with a purchase from this seller just based on the convolution.

[KatGirl]

Originally Posted by doubler

what i was told is this - we are in a time where such models don't just come to an AD (i suppose not all AD's necessary work this way, but it does make sense that some are) when a Daytona is suppose to come to an AD, it should already have a name attached to it (AD's should have a very long waiting lists on these so it shouldn't be a problem) and when AD's gives this name, the warranty meter starts with Rolex. when the AD's get's the watch, they don't really have to give it to the name they gave Rolex (who started the meter from their perspective) and it's not like Rolex is double checking if the name that was given indeed end up closing the deal. so the AD has the watch, keeps it for a while, waiting to have to right person which means one they can do a deal with not at MSRP but in 'gray/market' value, and when it leaves the AD (in 'my' case a year+ later), the card gets its date. Remember, this is a shady operation, everyone involved should be very careful when doing this, so it might be slow, but there is big money involved, surly with scale, so to me it makes sense this is one of the MO's to generate the reality we see w.r.t these Rolex models, where AD's are responsible (and Rolex benefits and therefor not really fighting this) and 1st in line to earn from the gap between MSRP and market value, as they are in fact responsible for distributing the watches they get and thus can do what they want.

If that is the explanation you got, it’s a load of crap! The AD’s take delivery, and pay Rolex for the watch. The warranty starts when the AD actually sells the watch. The AD will have access to the customer’s name. They no longer give that info to Rolex, but keep it in house. The original buyer’s name is no longer on the warranty card. The warranty follows the watch. Given what the seller told you, “Run, Forest, Run!”

Kat


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[jimkar]

The answer is that ad's will not order a model from Rolex that they already have in stock. Even if they order it, Rolex will not sent the same model to an AD unless they activate the guarantee so as to seem that the watch is sold. So an AD may activate the guarantee (even if they the watch is not sold) so as to order the same model. The watch is still brand new and they can sell it whenever they want.

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[Ravager135]

Anything is possible here, but its not THAT uncommon for a watch to be sold with a warranty card not filled out; especially if it's going to a grey dealer. Things have absolutely tightened up over the past several years with ADs filling out cards to completion, removing all stickers, etc, but I am sure there are shortcuts taken wherein the watch is sold, registered, but nothing else is completed. I have purchased Rolex watches from very well known grey dealers who put my name on the warranty card (back when there was a space for it). Clearly the AD where the watch came from (which was also on the card) did not fill out the name of the grey dealer who sold the watch to me.

My bet is the watch was sold in 2021. It sat around, the model got discontinued/updated, the seller put the final year it was available (2023) on the card to drive up value. Unless the watch changed hands before it got to the grey dealer you worked with, I would be a little annoyed.

The watch is real, the seller isn't forthcoming. His explanation that you provided is also nonsense.

[Max7857]

Perhaps it was an exhibition piece and the warranty started from the time it was placed on display. It was just recently that AD started selling the displays.

[RollingInTheDeep]

Originally Posted by KatGirl

If that is the explanation you got, it’s a load of crap! The AD’s take delivery, and pay Rolex for the watch. The warranty starts when the AD actually sells the watch. The AD will have access to the customer’s name. They no longer give that info to Rolex, but keep it in house. The original buyer’s name is no longer on the warranty card. The warranty follows the watch. Given what the seller told you, “Run, Forest, Run!”

Kat


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This. (Funny how we both find ourselves on these threads )

The one thing that is reasonable is the possibility for the AD to sell the piece "out the back door" for a figure over MSRP. I would imagine this is done with a bit more creativity through a bundle, i.e, watch at MSRP and a designer piece of jewelery at 90% margin.

[TXshaggy]

That explanation…wow, just wow.

Lots available; time to move on


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